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9780 State Route 14
Streetsboro, OH 44241
Sonic · Retail Property For Sale
Investment Highlights
- Situated as an outparcel to a Walmart-anchored center along OH-14 in Streetsboro, surrounded by national retailers and positioned within the market’s
- The surrounding trade area features an average household income of $166,000+ within a 5-mile radius
- Long-term absolute NNN lease with approximately 14.3 years of remaining term, providing passive ownership with zero landlord responsibilities
- The site benefits from dual-corridor exposure with direct access to Highway 80 (42,000+ VPD) and frontage along OH-14 (32,000+ VPD)
- The Sonic has operated continuously at this location for over 19 years, backed by an experienced 85+ unit franchisee
Executive Summary
Matt Wallace
License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,835 SF
Building Class
B
Year Built
2007
Price
$1,902,299 CAD
Price Per SF
$1,036.68 CAD
Cap Rate
6%
NOI
$114,138 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.86 AC
Zoning
B
Frontage
65’ on Oh-14 Hwy
Property Taxes
| Parcel Number | 35-033-00-00-007-009 | Improvements Assessment | $218,193 CAD |
| Land Assessment | $198,280 CAD | Total Assessment | $416,473 CAD |
Property Taxes
Parcel Number
35-033-00-00-007-009
Land Assessment
$198,280 CAD
Improvements Assessment
$218,193 CAD
Total Assessment
$416,473 CAD
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